QRA-Consult: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
QRA-Consult
Largest movements
- Cash -€14,808
down €14,808 (-84.2%), from €17,579 to €2,771
mainly Debts after one year (-€17,646) and Receivables within one year (-€4,866)
- Tangible fixed assets -€7,840
down €7,840 (-26.6%), from €29,514 to €21,673
of which Furniture and vehicles: -€10,783
- Receivables within one year +€4,866
up €4,866 (+63.5%), from €7,666 to €12,533
of which Trade receivables: +€3,338
- Debts after one year -€17,646
down €17,646 (-87.2%), from €20,232 to €2,586
- Tax, wage and social debts -€4,204
down €4,204 (-67.9%), from €6,192 to €1,988
- Other debts +€3,685
up €3,685 (+139.3%), from €2,645 to €6,330
- Profit (loss) carried forward +€3,182
up €3,182 (+32.8%), from €9,698 to €12,880
- Current portion of long-term debt -€2,587
down €2,587 (-24.0%), from €10,759 to €8,171
- Gross operating margin +€7,166
up €7,166 (+54.4%), from €13,162 to €20,328
- Taxes +€1,142
up €1,142 (+85.9%), from €1,329 to €2,472
- Financial charges -€595
down €595 (-19.4%), from €3,071 to €2,475
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,544 | €38,386 | -€18,158 | -32.1% |
| Formation expenses | 20 | €492 | €250 | -€241 | -49.1% |
| Fixed assets | 21/28 | €29,514 | €21,673 | -€7,840 | -26.6% |
| Tangible fixed assets | 22/27 | €29,514 | €21,673 | -€7,840 | -26.6% |
| Furniture and vehicles | 24 | €29,514 | €18,730 | -€10,783 | -36.5% |
| Other tangible fixed assets | 26 | - | €2,943 | +€2,943 | |
| Current assets | 29/58 | €26,539 | €16,462 | -€10,076 | -38.0% |
| Amounts receivable within one year | 40/41 | €7,666 | €12,533 | +€4,866 | +63.5% |
| Trade receivables | 40 | €7,666 | €11,004 | +€3,338 | +43.5% |
| Other amounts receivable | 41 | - | €1,528 | +€1,528 | |
| Cash at bank and in hand | 54/58 | €17,579 | €2,771 | -€14,808 | -84.2% |
| Deferred charges and accrued income | 490/1 | €1,294 | €1,159 | -€135 | -10.4% |
| Total equity and liabilities | 10/49 | €56,544 | €38,386 | -€18,158 | -32.1% |
| Equity | 10/15 | €10,697 | €13,879 | +€3,182 | +29.8% |
| Contributions | 10/11 | €999 | €999 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,698 | €12,880 | +€3,182 | +32.8% |
| Amounts payable | 17/49 | €45,847 | €24,507 | -€21,340 | -46.5% |
| Amounts payable after more than one year | 17 | €20,232 | €2,586 | -€17,646 | -87.2% |
| Financial debts | 170/4 | €20,232 | €2,586 | -€17,646 | -87.2% |
| Amounts payable within one year | 42/48 | €21,882 | €17,722 | -€4,159 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €10,759 | €8,171 | -€2,587 | -24.0% |
| Trade debts | 44 | €2,286 | €1,233 | -€1,053 | -46.1% |
| Suppliers | 440/4 | €2,286 | €1,233 | -€1,053 | -46.1% |
| Taxes, remuneration and social security | 45 | €6,192 | €1,988 | -€4,204 | -67.9% |
| Taxes | 450/3 | €6,192 | €1,988 | -€4,204 | -67.9% |
| Other amounts payable | 47/48 | €2,645 | €6,330 | +€3,685 | +139.3% |
| Accrued charges and deferred income | 492/3 | €3,733 | €4,199 | +€465 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,024 | €11,024 | = | 0.0% |
| Other operating charges | 640/8 | €1,028 | €1,177 | +€149 | +14.5% |
| Gross operating margin | 9900 | €13,162 | €20,328 | +€7,166 | +54.4% |
| Operating profit (loss) | 9901 | €1,109 | €8,126 | +€7,017 | +632.7% |
| Financial income | 75/76B | €4 | €3 | -€1 | -14.5% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -14.5% |
| Financial charges | 65/66B | €3,071 | €2,475 | -€595 | -19.4% |
| Recurring financial charges | 65 | €3,071 | €2,475 | -€595 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,958 | €5,654 | +€7,612 | |
| Income taxes | 67/77 | €1,329 | €2,472 | +€1,142 | +85.9% |
| Profit (loss) for the period | 9904 | -€3,287 | €3,182 | +€6,470 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,287 | €3,182 | +€6,470 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.